Charfty règlstratlon number 1188984 IEnyl•nd and Walesl EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO LEGAL AND ADMINISTRATNE INFORMATION Tiustees Paul Butler (Chair) Odetle Flndlay (Hon. Treasurer) Abosede Ayomide Atègbeley& Iseuelaryl Rev. DDugl8s Wiliams Debra DunGan-Sifvera IHRI Wane Brodteti (Heal and Safety) David Lovell Pa8l¢x Chri51oph¢r Palmgr ark Williams {Appolnted 20 October 20241 IAppolnted 20 October 20241 IAppoinled 27 M8y 2024) Nursery Committee rk William3 Chalr Secretary Hon. Tiea5urerlAdminS8lralor Co-opted member of ECCI Co-opted member of ECCI Nursery Manager Ito 31 January 20251 Sue Patts'more Ethth While Eddiong Smith M*vl8Amp0$9 Elders Rèv. Douglas WHI5 Rèv.Al8gulhural Ratnaras Wane 8rockett BdeY Greave8 Richwd Irish Rosh8d Gibix)n8 Pastor Chrlstopher Palmer Dayarnanden Permale Paul Bombc) David Lov611 Joè Stephens Dle1 Ratnaras Charlty number IEng5and and Wales) 1188984 Prlnclpal adflress The GrfjQnlf¢¢Trl 67-69 Greenleaf Road Wglth&m5tow London E17 6QP Audltor Calon Fry & Co Ltd Essex House 7~8 The Shnjbberles George Lane Soulh Wlknodford London E18 1BD Banke Bgrclays Bank PIC Lèlc9slor LE87 2BB Triodos Bank Deanfjry Road Bristol BS1 SAS CAF Bank Ltd 25 King HEIIAvenue West Malling Kent MEI9 4JQ S8nlander PIC 2 Triton Square Re9¥$ Pla¢ London NW13AN
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO CONTENTS Pag# Trustgog ieport Slotement of Irustees, re8ponslbllits98 Independent auditofffj report 10-13 Statèment of flnancial acb'vitie 14-15 Balance sheet 16 Statement Of8h flttw8 17 Notesto the flnanclal st8lements IB-29
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST 2024 ThÉ Injstses pre8enl thelr annu81 rgport and ffn8nd 8iaternenls for Ihe ye¥ ended 31 August2024. The l(nan¢lal stalamenls have been piepar&d Sn accordan with the accounting polictes 8¢t out In nole 110 thè finandal statements and compty with tre eharlty's govern)ng document, the Charillos Act 2011, FRS 102"Tho Financial Reporting Standard applicable in t1 UK and Repulsic of Ireland" and thè Charitles SORP Accwnting and Reporting by Charities.. Stat8Ment of Recommended Practice appbcable lo charlties preparing their accounts in accordancé wlth th& FIna[lat Rèportlng Standard applicable in the UK &nd Republlcof Ireland IFRS 1021" The Truste?8 Confirrn that Ihw have referred lo th8 Charity Commisslon's gui(tranc8 on public benefit and consider that the aclfvities of the ¢harlly meet those objedives and provide a benefit lo tho public. Oblectlves and Actlvitle5 The purposes of IhB charity a,. . The adVCeMent ot the Chrl8tian faith by th& prodamalion arKI fwthar8nee of the Go8pel of God ncerning h15 Son Jesus Chr15t the Lord. Preachln9 and teaching ol the Word of God by Ihe CIKJrch in accordanc8 with the 3talemenl tsl fundafnental trulhs ofA$sèmb1iBs of God in Great Brflaln an Ireland las approved by the general council Irom time to ilmel. of assoclated ¢h?rllable servke8 for Ihe putAi¢ benefit locally, naliollally and wortd-wlde. oduct This report C818bratés our lrfe together In 2023124. Wg hope that YOU 8njoy reading il and that you wlll bp Ins¥¢d to lak8 IKJld ol that forwhlth Chrfsl took hold of you. Com ECCI is a body of bellevèrs wlh a vl8lon to sa8 people, locally and woddwde, exp8rren¢a tha low of God and walk wlth Jesus on a dalty ba81$. Th$ heart ol <MJr mlss1on Is to serve lh8 ¢ommunlly relevanly. Thls mean$ ftndlng out what needs there are in our locality a5slsling wlth servlces to mget Ihe$é needs. Wfftere need 18 In tho international eommunlty, io asBi81 by providlng finanGial support Dr labour whera apw&prlale. Vve havg over 30 actThis min15ttles wlttiin the life of thè chureh almed at supporting ihosa who aknd our servkes and 8bo worklng within the local communlty. None ol these actlvilles would happen W71ho¥l the ma¥ty volunteers who gfve 80 willingly And felY of Ihelr Iwlle. W¥ extend a HUGE Ih8nk you for all that y(XE do to asslst the church and the Ial communlly. Here are w81 a lew of the acUvllle8 provided by our volunteers.. . B&reavement Team . CoMèX- sm811 groups forlellowshlp teachlng Creallv6Arts Creche- in house for d)urch 5&rvlces - Foundation fellowshtp forlhose wlth Speclal Need8 Friendshlp How- weeY group lor ihè 8ld8r Hard8hip Fund for 11)tsse In ffinanci81 need Little Leaves weekly toddr group . Lone Patènts Group Mlssions . Rophé Counselllng Serv58 SecurilyTeam for In-house events . SafeguardiwJ Team School of Worship lor leaching in worship . Youlhwavè- for young people from 11-18 yr8 Premi6eB hiro . CAP Money Club and Job Club . Foodbank for the local ¢ommunity Cultlvale YA a group foryouNg adults - Erntnanugl Footb811 Club. . EXOrerS- for chlldrgn from ago 5-11 yrs French 8pe8knng fellowship Frontllne Men's Mlnistry Group Kintsugi Hope provldlng wellbeing aetlvltiès - Live Stream Service - Family Lifg Team . Pastoral Vlsitation Toam . Pi8yar Group Pri8orÈ Vislting MhSstry . Sisters in Unity Women's Mini8ty Group Tamil speaking fellowship
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Emmanuel Communlty S¢hoDI. The founding schod of Th& Emmanuel s¢0[ Trust. The school, an in51ialive ot ECCI, has renèwed its focus OD Its vtsion of being'A Clwsstian school In the heart of Walthamslo%W through en98ging regularly wth the local comrnuntty. Tho school Contiu8S to work with local churches and the Leyton Orient Trust.. ECCI works closelywith ECS to provlde support whgrg it to the chlldren and Ihelr families. Emmanuel Community Church Nursery. We had 33 children on regi8tsT frotn Spptember 202310 August 2024 al (he end of the a¢ad&mic year with 5 childron on Special Education Needs and Disability ISENDI 3upport plans. Flfteen children werg leavlng for school at the erKJ of the term. and a few may also leave for dher settings or school nursery. Children Iransilbning lo reception. h8d visits from Ihe1r teachors as part of the IransStlon pmcess. 11 was good to see Ihe progress they had made belore tran81liong Into school. There are 81xieon chlldren relUnn9 in S¢plÈmber 2024, Foodbank. The foodbank servas 35 f&mllieB in the local communlty each Thur¥day moming. We currently turn aw8y belween 5 and 10 peod8 èach week as wo do not hava the capaThty rAJriently to serve mtsra people. hover. we are havlng building work carrled out lo extend the freezer room aThJ wlll then rgconslder th8 numbèr ol paople we can serve. Strong conntsetlons are being madg thè taam and with the se users, wth som• paople 8sklng us to pray for thèm. would Ilke to achieve moTe support from ILKal 8upemiark¢ts to boost wh81 the cknrch suppliès aTrJ offer Other hdisti¢ setvlcas lo the clients. ECCI Tamll Speaklng Fallowshlp The Tamil Fdlow8hip is d6dicaled to sharlng the gospel message and off8ilng m8anln9ful $upport to the Tamll c(Mnmunity. We have actlvety &xtÈnded help to Tarftil f8milie$ In need. especkglly In Sri Lanka. Thi$ Includes gndiTr3 ¢lolhing, books, and giHs for chlldren and tholr f8mlllès, bfinglng hope and encouragoment durfng difficult tim. Llttle Lèèvès Llttl8 Leaves provkles a Safe, welcc¢ning anLI sllmulating space for chlldrèn up lo 3 years of age Ihelr accompanylng adults. The adults who ottpnd Include parenis, grandparents and prolessSonal car8ts, they 911 ha a great attitude 8nd josn in wlth thè srIt of the group. We get endless prRi8e and 9roliiude from our gues18. Vve advertise on sociol mgdla and outside of the Greenleaf Centre, the rest is word of mouth, so Inexpen8Ne and effectlve. The group is full or nearly full most weeks and we saw around 1020 child attendanS auoss the yepr. It15 made Clear Ih81 Little Leaves is a proigcl of ECCI and vdunteÈrs are often questioned about lundlng and rde of thè church in sponsoring tha group. whlch gIV98 U5 thtr opportunity lo have 8 convers8tion. Thg fad that the group k8ep8 goiNJ wth no effort from u$ suggests il Is vglued and ha8 an impact on our local guests. Operationally, we have leamed lo Y to our Sndlvidual strsngths aj 1181on to Each other règacdlng suggestions fN ongoing hnprovemenl. This rnak85 runnlng the group & heart-wamiiDg and joylul experience. Frlendship Hour{FH). Filendshlp Hour exists lo buSld relatlonships. Th& group meets on Wgdn9sdays frorn 12.45pm to 2.30pm. 3tsrting with a sandwich lunth, and 5$ tsrgeted al the older member8 Én our ¢ongregalion and the der communily. INe meet to support, leam and pray with and l(x each other and to have soclable adniiliès that encourage 8h8rlThJ, talklng and enjoying each other's company.
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Acifvlli88 very v3rfgd and include visitlng spoakets from the cfwrch. entertainers, tak810p 98mas, Word searches and Crosswords, plenty of Qulzzes and bingol A ¢hur¢h member comes regularly to play in81rumenls and sing. We hav¢ chaii or genllo exerclse afternoons, QueBtlons and angwers and plenty of uaft and creatSve acllvllies around Chrlslmas and Easter. Varfou8 mernbeis ol the church havè corne lo share 51ori85. or 8 Blble messago and we have a misslon afternoon oneè a yèar. Wè all enjoy atwe do and work well as a team. The older people who come lo FY wre very open lo new idea8 and very wli Ilng lojThn in anything w. They pathipale, offer $gestIOnS and share and Are vèry welcoming to new people and this makes FH very successful. Emmanuel Football Club (EFC). Again. we thank ECCI for the financlal support of the club, now in it$ 12th season. If ECCI wants to reach mon In the ¢ornrnunily Ihen EFC st411 continues to reach out to do just that. Last year we changed our mlssion statemw)I to'an wtreach football team of Emmanuel Cornfflunlly Church Iiil" as It was felt tho learn llow has moro non-churched players than ECCI partners invo8d. This is èn exclllng opportunlly to introduce falth through loolball non-churched player8. We hve a150 seen a new Crop of younger players who want to paly for u51 Vvtr sllll maintain high stsndards of conduct and bring a weekly prayer and share to the learn. The feague an)urKed ? now ¢halrman and he has been excellent both In raIng Ihg Clst{an awaronèg of Ihe league and heightened social medla input through the $lrèaming of live matches Irom th& Fla181 We hope grEd pray wo confjnue btrlng an outslandlng team in the church league... Emmanu81 FC. Belong. Belteve... Rophe Coun$Èlllng SeNlce IRCS) RCS continues to be busy, Wlth individual dlents and couples from all etkniclues, both male and female. We operate on every Mon(tay. Tuesday wdesdaY exp1 during August, and tha E8$ler and Christmas breaks. We work with various peo8 and with multiple 18SU85 which Include COMMl¢allon, (kprewon, suiddal thoughts, anxlety, racism. d1vor, bereavement. to mention a few. We have no11d an Increa In peopl8 wlth nÈL¥odiv8rs5ty. Thls adds a new dimension to relat[csh1ps, which Individugls Ènd COLtples need help lo navlgate. Our dients come through word of mouth, sc4ne frorn wlthln ECCI, with others comlng vla other churches with whlch ECCI ha$ Ilnks. RCS is fully Insured and accredited by the Association of Christian Counsellors and our counselh)rs undertake and ongoing piogramrne ol Contlnuous Professlonal Development. Lotsklng forwArd, wa would like lo expand the team of volunte8rs so we can takè or) more dlent& It Is a rewarthng role as you get to help peoFle wdk through $ome dlfficult pértods In thelr Ilfe. Prlson Mlnlsty. The Pstsn Ministry aims to re8¢h out to thosè in prlson, encouraglng those who alre8dy have a f&tth an¢J spreadlng the good news of God's lovo and His life-changing power to those who don't yel know Hirn. We t8ke serwices In pilson, KK8y wlth peopk Inslde and conunue to support them in prayer after our vi51ts. We have 12 volunteer8 in the Prison Ministry., il Is a very faithful and unlled group. Everyone In tho tsam tskes part in th6 senrices, and everyone shares a feal passion to 8eNe God in tli5 way. As reported a year ago, 30me prisons werg slow to allow volunteers back In again Bfter covid. bul things have Dow gone back lo how thèy were. We have made 21 vigls during the glven tsrne perfod., those have bèen to Chelmsford. BelrnarBh. HFJhpoinl and Swa188ldè. Th8 lattèr 1$ 8 prSson to us- allhough 11 is a distan to travel. we take two SerceS whilst there and have greatly enjoyed our51t8.
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 The wlson tèam h&# glw8ys prayed together regulatty gnd. slnce becoming a Connex group, wé meot fortntghlly on a Monday. Some mémbers of the Connex Group are not part ol the prlson vlsitlng team, but have chos8n to bè part ol the group becauso they want to SuOrt the prison work in prayer, whl¢h Is fant8sll& We also inform the prayèr tèam 8bout our vlsils, so that we h8ve prayer covering on tht day. At the Connex Group. amongst other activities, we pray for the prlson work...for tr18 Chaplaing. for the prisoners and the staff.. we always pray Ihat the Lord 11 open the door8 lor us where He means us to go. The Prison Mlnislry is still going well- everyone has a great heart for the tnln151ry. Every person in tha tearn haB a re81 CDntributlon to make aThJ we always wetcomo new Erembers. We a¥e blessed to see that the mlnistry rnakes an irnpact on those w8 meèt. ChrfstlansAgalns( Poverty In 23124. CAP Mon6y was extended to add Iho CAP Job Club. The team undertook trainSng to be able to <leliver this lo local members L)f the comrnunlty. We were ae lo work wittt a number ol peopte dèlEvering the CAP Kioney course and the feedback indicated Ihat they found the skllls heipful. The tnaln dim of the cowse is to help people understand how they can better u88 whalgv9r mollèy they have in a mor6 prudent way. 11 hèlps them look al their spending habits and try 8nd help them Implement ways on how to Spend wlsdy and avoid gèttlng Into d8bt. The Inltlal coursa 0rated on a Tuesday ever¥ng however. should the course operat¢ agaln then maybe a different lime would I ¢lK)sèn (to Captu a different audiencal. Th• Course has been updated th ntsw mat181 and ils now much easler lo follow aTrJ understand. CAP throughout the yoar do have tralnSng semlnars and il would bo great lo gel more people MA)0 would be Interested and possibly ¥ign up to be Ifained. It's a worthwhll8 mln15try as In ihese part¢cular tlmes of hard5hlp ¥L¥ne p¢cyl6 do noed help (but oflen do not s¢ok help unllt its too lalel. FrontLlne Front Llne's 8Ém is to moblllse and encourage nn al ECCI to develop 6trorvJ r¢lattDng1 bonds arKI io engage men In reachinu the unchurched through social engagernent thIn tha comrnunlty. 11 l¥ our de51re to s¢¢ men devdop sIrcg spiri(ual growlh, flourigh in their G(xJ given potenbal, 5e¥vlng the local chureh and beymd wlth thèlr ialents and skills. In 1grMs of outreach. our Saturday moming breakfasts ara v&ry populw, 8nd wg have frequently inled speakeis lo d81i¥er ttn relevant men s issues. FronlLine alw helps Emmanuel Communlty School wlih general ksw4evel mainlenanco and tidying up when Tequired. Slslers In Unlty Sisters In Unlly's alms and objectives are lo provide dlsdpleshb) and fellowshÈp for tha ladles d ECCI. to enable strong Telationshlps to bè bulll with 6ach other, knong WIM) they are In Christ. 8nil uslng Ihis knowle(fge to serve th confidence. Our aGtivlllos Ihis year have includèd 'VV8lk & Talk. In EptAn9 F(Yesl. And Saturday moming breakfast - conslstentty welpattended. Hew Ihere Is an opportunlty for the ladles to bTg unehurched friends and family along. At thè prayef breakfa81. thèrè Is an opportunity to Share teslimonie5, oncourage eg¢h other, pray in small group3 a5 well as gettlng lo know our slstèrs better. We thank 8v¥ryonè who has volunleered their lim8 and rOsour$, to make our events successful and would love lo see even nv)re womon getung Involved In organlling and wpporting events.
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Explorèr The Explorers children'$ minlslry exlsts lo brlrKJ the word ot God lo chlldren in a fun. &xuling und8rsiandable way. The aim Is for each ¢hild tts learn more abwt God, develop thelr relation8hlp HIM with tho goal of decKllng to lts1W Jesus. The weekly sessions dvting teitn time continue to work wel5. and the growth and development among81 ¢hildren Is even1. The main them8s cov&rec5 durlng the year We Thè Books of the Blble, Emotions a1 Fruit ol tho Splril. In February 2024, the CIMIdn rtIcIPated1n two clildren'8 $ervlces, whlch allowed them to play an acuve Part In the corporate serwico. The Chli dren enjoyed the servlcq and many peopl6 were blessed 10 See the chlldren doing something In their own way for God. The team wero immensEly pro1 ol each chlld s1 Iheir willingness to be involved. Th8 tÈ8m ma*n$ quite small. so the challenge ol having enotsgh volunteers to $6N6 in Ihe ministry area slll remans. cuirenl team are supportive and worf( hard. Our desire is to see chlldr8n saved and ihelr lives transtormed through the Gospd. Llvè Stro8m Over fhe past year. the LIVE STREAM ministry ha5 continued to bulld on 11$ mlsslon of providing spivitual nourishment and fostering conneclion Ihrouy) onllne media. Wih a dedegled team of volunttsers, wo have expanded our reach and improved the consistency of our broadcasts. United by a $hared commitment to excellenc¢, we gnhanced pri>ductlon quality and maintslned 8 $tesdy onllne presence, supwklng both our local congregallon and a growrvJ inlgrn8bonal audlence. th a focus on ¢o118LwJration, the mlnlslry also worked more dos&ly wlth other departments, a5515tlng with streaming of mld-W8ek sarvlces and speaal events. Those (x)IlatrM)rationg ensured incluslvily for thostr unable to attend In r$0 amplifjed the chufch s overall outreach. They alsp relnforced our rolè as a v£ial connector wthin the body of Christ. Through these experlenees, we have learned the Importance of adaplabllily, clear comrnunlcatlon. and thorough preparaOn. We remgin ¢ommitted to ¥efining our mlnislry and expandkng our impact In the yeai ah8ad, Compassi¢M. We continue to support tÈn thildran In Elftakuma, Ghang through Compasdon th a mnthly fin8nrid glft. Wg also make an addltlonal gift of £30 pèr chlld at Chrfstmas a8 well as rn8g donhllons to th8 ca worker8 at Iht orphan8g$. London Citymlsslon. W9 curr8ntty supportrim Sprlng and Emmpnu81 Chanda work wlth LCM rnontNy. Pénama. W6 contlnue to support, on a quartedy b8818. Am8nd8 Alvwado in Panama who Dvernees a minlstry lo streel chlldren Sn Panam8.
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Flnanclal review The Chartys work Is enurely reliant on al voluntsry Inctxre from Ils donors bl local authOtY gfanls to fvThl thè operation of the Nur8ery. In the current year, ECCI re¢0ived a total income of £542,084 (2023 '. t541,3631. A total of £588,257 12023 £579,037) was spent on the public benefit of adivitle$ of tho charily. The Charity suffered a deficit of £24,173 12023 .' Deficit- £37,674). In thè prevlous year 811 th¢ remalnlng asse15 and Ilabllllle$ of the unincow)rated charity were transferred to the CIO. Total funds as al 31 August 2024 were £3,370.936 12023 -. £3.395,1091 of whlch £52,261 P023 £54,6801 was restrkled and £3,318,675 12023 £3.340.429) was unre81rided. Of the unreslricled (unds £2,946,994 12023 £2,978,948) related to Land and Buildings Inel of secuied debll whS¢h Is r8fleEtèd in 8 separate designated fund. Unrestri¢ted funds as at 31 August 2024, exduding those related lo tanglble fixed assels, w8r8 therèfore £371,681 12023 £361,481). £227,952 12023 .. £232,574} of Ihls has been designgtèd by thè Trustees as noted In Note 20. This leavas È143,72912023 .' £128.9071 in general funds. RosoThespollcy Tho Trustees pokncy is to hold 8 mlnimumlovet ol fvndg to ensurg Ihat operotion$ ¢an conNnue shId there be a downtum In Income or unexpected need. Therefore, the charity should hold funds amounbng to at leasl th month5 operaliry co31¥, plus commttted expenditure. This equates to £187,781. compared 1¢> goneral ro*rves at the year end of £143,729, a 5hortrall of £44.052. The Truste0$ will be almlng to bu1 up re8eNe8 In tha forthcomlng year. Risk Managemenl The principal ri$k5 faang ECCI b)cludts'. i. tluctuatsons In voluntary income, vknlch could knpact the sustalnabllily of kty mlnistries and outreach programme¥. TIre Is also a r@lian¢e on a h"mlted pool ol volunteers to delfver essential Bervlco$. whlch posps a Ilsk if vdunteer availablllty declinas. Addillonally. regulatory changes in safeguarding, educaucn. and dala proledlon could requ5re re8ou(ce adlusltnents. 11. New Local Authortty Parklng Restf¢cffon8 whlch. if Iwplèmtsnted, could See a redu¢tion in church allendance. Atténdèes havè ba signposted lo tho Selborne Walk car park whlch is a short walk away. ill. S($S1On Plaming across 411 mlnlstrb$ to en$1 that the outrea¢h programmas can conUnuÈ unhlnderad. The trustees will conlinue lo monilor these rbks through regL¢lar revlewB and updated polides, support8d by strong govemanctr financlal overslght. Sa uardlng SLU Four of our Reyisleied Parlllers htslp u$ to mainla(n good safeguardlng structures al ECCI. Oui Safègu8rdlng Officer Is a Barrister, and otEr Safeguarding Deputy Is a SoLial Workèr, both bring skills and expeTience lo thi$ role Ihal arè cruc¢al In helplng us run our promOn wrfh excellence and care. We h8V8 9 S8leguardlng policy In place whi¢h b reVwe Dn g yealiy basls. We also run Saféguarding Training for our 8tsfF and volunleer$ on a regular basis. Pr05peGtiv$ volunteers al ECCI are expected to be a Re9181ered Parttr of our Church, showlng that they are wlllng lo follow our structur¢ and1oad¢rshlp. They also camplete a DBS thack and go through a thort interview before bolng allowed to serve In a Dep8rtment ol ECCI. Some ol our departm¥nls also obtain rsferences for our volunteers. Regular reports are provid8d lo Trustees and any urgent matters ar6 inmnediately reported lo Paslar8 and Logd Trustees by safèguarding team. These sIrtureS h8lp us to implernent S8fe standards lor all our usgr¥ and yolunteers.
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 We have a h&allh safety policy and a raft of rlsk ass&ssmenls and procedures In place which are regularly roviewed updated. Therè ara mejasures and processes in ple to help us to maintaln $afe envlronments W1Ch are monitored by staff members and overseen by a Trusleè. Structure, govornanco and managemgnt Emrn8nuel chs11a Centre was establi3hed in 1926 98 part of Assemblles of God In Greal BrltaitE & Ireland, and wbsequentty as a 8aparaltr ch8rfty by a Trusl Deed dated 16th January 1997. To refteGI Ils identity more accurately, In 2015 the charity changed ils nam8 to Emmanuel Communily Church International ILCCII. ECCI was reglstered as a Charitable Incorptrrated Organlsation ICIOI in April 2020 and Is governed wder Il's Constitution, T trustee6 who served during Ihtr ye8r and up to the date ol slgn8tU18 of the finanaal st81emonls We.. Paul Butler {Chair) Odette Findlay (Hon. Treasurer) Ab05edeAyomideAlegbeley& {Se¢retaryi Rev. Douglas Wlliams Debra t)uncan-Silvera IHRI Wane BrockÈtt IHe8tth and Saféty) Oavid Lovdl Pastor Chrislophar P8tmèr Mark Vlnlll8ms Anetta Toudk¢ Oluwatoyln Cornwall IAppc¥nled 20 October 20241 (Appolnied 20 October 20241 (Appolnted 27 M8y 2D24 IReslgned 6 January 2024) IResign9d 6 January 2024) ECCI 1$ overseen by a board ol g Trustees, 5 of whom are èlècted by the R8gslarad Partner8 ol the charity followiny a vote. They remaln in p05t for 2 years followry whlch thèy can stand f(K re-election. The Senlor and Associate Pastor are aulornalically truslggs. The Senior Pastor appolnts an ailditional 2 of thè 9 Irusteas from among the Eldor¥. These 4 eldei trustee8 reman in post Indefinitely. New tiustees are apEX)Inled from wllhin the church. Prospectlve candidates Ère voted on by Ihe 9tore(A partner8 818 specl8Sly called Extraordinary General Meèting. Canthdales need to oblain 75% of partner votes to be appointed. The board meets 8 limes a ye81 to Ovgrsèè tho ailministration of the thaiKy. The day-to-day admiNistralion or thè charity Is dalègated to the Admlnistralor and to several teams and Committees which operate vAthln polldes and procedure$ laid down by the board. The varfious sub-commlttees Carry out wedfic tasks and make recmendstIonS to Ihe wider board for t(81deratE0rt. The remunerallon of kgy managèmént p¢r8onnel is sel by the non-salarfed Trustees and f¢llows a prctess that considerg responslbllitie& qualifications, 8nd benchmarks Irom Gowparable roles in slmllar organlsations. Where app1leaEo, exiernal Salary survgys and ¢harity sector guidelirÉèS are referenced to ensure falrness and transparency. The benchmgrk for pay award for pastors is based on the AOG salary guid8bne8. Pay 8W8rds for oth&r staff member8 are b83ed on eomparable posit1rS In the wder industy and London Llvlng Wage guldelln8$. Pay revlew8 are conducted p211odka11y. No Iwstae recelvas rÈrnun&ratlon lor thelr dutles.
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Once gppolnted our Tiustees slgn a rnodal Tiuslee dedorallon statement committlng trn lo giving of thé lime and expertlse and und91oo a Pro55 of inducllc*n and are piesènled with £ welcomolinlomallon pack which outlin95 the pollcies, prooedures, Church Conslilutlon. Tiusl Daed. Holding Tru81ees. current Tft¢sle8s and The Chsrlly Commi8f40n's guidance 'The EssenlÉal Trustee.. what you néèd to know and 'Publlc Benèfit.. runnlng tharlty,. Trustees attend ongolru Irarning provided inlern411y and by external rxoviders. Tho aelivilies of ECCI are PTov¢dgd by Sgveral (kpartments who are allocated a small annual budget Each department h85 a leader who Is also Ihe budget hoklgT. The dEpartment leadei is reSpOnb for monitorin lh8 acliviknes of its departmont and evglugllng the èffectlveneBs of Ils adivitses in the light of the charlty's objects'ves. We &lm to r6vl6w all departments on a thi$e-yèar ba$ to consider their prre$S, devetymenl and viabilily. Looklng Ahead Contiwed partnerships wllh schoo15, missions, and ¢ommvnity projects are central to futuro and as re8uIt ECCI alms to strengthen and Èxpand ils Community outreach by potential dovelopmenl of o new Communbty Hub rrodol lo centralise ihese activllles and provid8 grèater focus on growng volunlbèrteam5. enhancing tralnlllg. and in¢rea$in9 8UPPOrt for minislries such as the Foodbank, Ci)unselllng ServSce, aTrJ Youth Minlstry. Thtrre are plan8 to i. improve f8cIIII65 and Inv In digltal infrastruoturts, IncludlThJ upgradlng strèam equiwenl and inlem6t rellakl&Iy. 11. revl8W thè risk reglster by Twstees. iii. pThide developm&nt sessKJns for Elders 8nd Trustees lo dlscuss strategic PfKJrilles fc)r ECCI. Iv. focus on suwossion plannlng wlthin the organization. Fknanclally, the charity intsllds lo bulld free re50rves to meel ils poliey goals and ensure iong.lerrn 8UStainabllily. Audltors The audllors. Caton Fry & Co Ltd, will be proposed for re-appolnlm6nt at the forthcomlng Annual Gener Meeting. Thè tIUStees' report was appToved by the Board of Trustees. Paul ButEer Ichairl Trustee
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO STATEMENT OF TRUSTEES, RESPONSIBILfflES FOR THE YEAR ENDED 31 AUGUST 2024 The twstees ara re5ponslble for prepating the Tru3l¢es' Report and the financl81 statement8 In aCrdan whh appllcabla law and Unilod Klngdom Accountlng Standards Iunlted Klngdom Genèrslly ApIed AecoLJnling Practi(l. The law appllcable lo charitie8 in England 8nd Wale5 requires the trusieÈs lo propare financial statements for each fin8ncSal year whiGh give a true and lair view of the stale ot affalr5 of the chafily aftd of thè Incornlng r880urces and applicaOn of resources ol the thaiity forthal y&ar. In preparfnu these financial statements, the trustees are r¢quired lo.. S8lect suitable accounting pollcies and then apply them consi8lenlly: - obseN6 the Fn8thods and Winc188 In the Charilles SORP 2019 IFRS1021-, makejudgemenl$ and esiimales that are reasonable and prudent., stale whether 8pplicable accounting standards hovg been followed.. and preparo the financial $laleTvents on the golng concern basi8 unloss It Is Inappropriale to prèsurm tt7at the charity will eontlnu& in operat1. Th8 trustees are responsible for keepiEtg suffirAent accountlng records that dlgdose wilh reasovable accuracy at any Ilme the financisl poslllon of the charty and gnablg them to ensure that the ftnanclal slaternen18 rnPty with tho Charllies Act 2011, the Charity IAc¢ount5 and Reports) Regulations 2008 and the provis8 of the constitut40n. They also responsble for safeguarding the 85s of the charily and henc8 for tgklng reasonaNe steps for the prevention and detection ol fraud and other Irregularils. The trustees 8re r&sponsible for the maintÉnaftce and Integrity of the Charity and flnancÉal inlormaiion includ¥d on the ch8ritls webslle. Leglslallon in the United Klngdom gtsvemlrKJ the proparation and (Usserninabon of finandal stalemenls rn8y differ from legislathjn In otherjuri$th'clion&.
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO Oplnlon We have audlted the financial slatemonts of Emmanuel Communlly Church Inknnaiion81 CIO (the '¢harlty'l for Ih year ended 31 August 2024 whl¢h comprlse the statement ol financial aclivilies, the balance Bheel, th9 slatemenl of cash fl¢)ws and notes to the finarKlal staternents. Including significanl sccounting policies. The fjnancial reporting fiamework that has been applled In their Preparallon Is applicable law and Uniigd Klngdom Accounting Standards, includitvJ Financial Reportlng Slandaid 102 rh8 Finanelsl Reptrrting Stgndard applicablp Fn thè UK and Republlc ol Irèbnd IUnil?d Kinydom Generally Accept8d Accountlrtg Pract11. In our opinion, the finarKial siatemenl8'. give a 8nd fair view of the state of the charity's 8ffaÈrs as al 31 August 2024 and of its incoming resources and appllcatlon of resources, forthe year then Endpd., ha beén propèrly prepared in ac¢¢rd8nco Un1ted Klngdom Gènerally Accepted kncounting PTrdo,' and have been prepared in accordce th the CharillesAcl 2011. Basls for oplnlon We conducted our audlt In accordance with Intemation81 Standards on Auditlng IUKI {ISAs (UK)) and applic8ble law. Our responsibilities undgr those st&nd&rds a further descrlbed In the Auditorfs responsibllllies forthe audit L the finaoclèl $16tsfftenls secuon ol our reporL We ara independent ol the charfty In accordancfj wth the ethical requlrernents that are rd9vant lo our audit ol the financts81 state¢llents in the UK, includiNJ the FRC'S Ethical standard, and the provlslons availablè for Small entities, in the clrcurnstan set out in note 25 to the flnanclal statements, we have fulfilled our olh&i ethical responsIlItIeS in accordatKe vAth th@S8 requlrèmentg. Wa belleve that the 8udil 8vldonce we have obtained is Sufficlènt and appropriate lo provide a batsis lor our oplnion. Con¢luslons r•latlng to gtslng COnM In auditing the financial statements. wo have concluded Ihal the tiustees, use of thè golng concem ba319 01 accounting In the preparation of the financial slements Is approprlalè. Based on the work we have perfortned, we have not Identified any materfal uncertaintiès relalThJ to events c condllions thal, Indlvldually or colle¢twely. mgy ca51 slgnlficant doubl on thè eharily's ablllly lo continue as a golng concern foT a p8ri¢d ol at least twelv6 months from when tho financial slatemenls 8r8 aulhorlsed for i38ue. OUT responsibilie5 the responslbllitles of the trustees wllh respect lo going concern are dgscribed In the rtslevant sections of Ihis report. Oth8T informatlon The other inform4tlon comprises the informatlon Included in tr annual feport other than the IInala1 statements gnd tyjr audltor's report thereon. ThÈ trustaes are responsible for the other Informatkjn conts1d thin the annual report. Our oplnèon on Ihe financlal sialemenls d(s not cover the other inlormalioft and wo do not awess any form f assur3nc& conclus10rt Ihèrèon. Our responsltslily is lo rèad the olher Infornallon an(J, In dc4ng so. ¢onsifler whether Ihe otrEr informatlon Is malerially Inconslstent with the finan¢ial slatemenls or our knowledge obtained In the course of Ihe audit, or othemise appears lo bg maleriaiy mlsstaled. 11 we identify Such maleryal ineonsistsnci8$ or apparent malertal misslalemen18, we 8r8 réqulrod to deteTmino whether thls giv05 rise lo 8 mater¢ rnlsstatemenl in the financial statèments Ihernselve5. 11. based on th6 work we have performed, we coThlud8 that there Is a materlal mlsstalem8nl of thi8 Other informaiion. we are required to rewrtthat lacl. have notrrfn9 to rèport in Ihls regard. Matters on whlch wè arè r8qulred to report by exc¢ptlon We have nothlng to port in respect of tho following matters In relation lo whl¢h the Char¢tiès (Acwunts aThJ Reports) Regulations 2008 r8quires us to report to you if, in wr opinion.. the infomation glvon In the financial 8ta19m¢nts Is Inconsisl8nl in any mattrrfal TespeBt with tre trustees, report", or sufficient a¢counlSng records have not been kept: or the fin8ncl81 sialèments are not in agrèement wth the accounting rtrcords-. or we have nol received all tho informatlon and explarAlions wè wqulre for our audit. 10_
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF EMMANUEL COMMUNIry CHURCH INTERNATIONAL CIO Re¥ponslbllllley of trustses As explained more fully In the slaletnenl of Iiustees, responsibiliti, th8 trustèes are responsitAo foi the prepaiation of the nancIalstatemeNts and for being satisfied th81 th glve 8 true and falr view. and for such inlem81 eonlrol as tho Iwslees delenmine is necessary lo 9n8ble the preparation of financial statements Ihal are free from material misst8lement. whether due (o fraud or error. In prèp8rinu the flnan0 stalemenls, Ihts trustees are re8POn51ble for a&8essing the charily8 ability lo cont5nu¢ as g gtslng concern, disciosing, as applicable, matters related lo golng cOrM and ung the golng concem basi8 of accounting unless the tru51ees either intend to cease operatlons, or hava no Fealislic allernalive but Its (k) 80. Audltorfs responslbllltles for the 8udtt of tha flnanclal ststements have been Bppoinled as auditor under spKllon 144 of the Charities Ad 2011 and report in accordance with the Acl and relBvgnl regulabons me or havlng effecl tharèunder. Our Objecve5 are to obtsin wsonable assurance about wh8th8r the fin8nelal siatemenls as 8 wholè are free Irom materi81 m15Statement. whether due lo fraud or ttrr, and to issue an au(*torfs report that Includes our opinion. Rèasonable a88uwce 18 a hi1$v91 ol assurance but Is not a guarant86 that an audit conducted in 8Gcordanc¥ with ISAS IUKI wlll aayS detect a maiÈri81 mlgstatement when il exists. Misslalemenls can arise from fraud or error and are con8idered materkl il, indivldually or kn the 8gyregat8, th could reasonably b8 WOCted to influence th6 ¢conomic declslon8 of v$er8 taken Dn tha bBsls of these financial 8laloments. Extent to whleh the audit was consldered capable of dgtectlng Itrogulftrftles, Includlng frau IrregUl{tIeS, Induding fraud. aro instances of non-eompllance with laws and r¢gulations. We design proceduTes In line WKM our rosponslblllues. ou151ned abové, to deiecl materlal mlsstatements In resp6Ct of I[fLiaT{lIes. Including fraud. The extent to whlEh tyjr procedures are capa2 ol detacting irregularitiès, induding fra1 59 dot8118d below. Our approach was as follows.. We obtaiTred an ijndorstsnding tsf the legal and regulatory framoworks that are appli¢8blo to thB entily ond detemilned that the most ere slgnift¢anl ore those that relate to.. Cornplianc8 wmh St8tÈment of Recommended Practice.. AccotIng and Reportlng by ch8tIeS 2015 as thls Ls financlal reporling framework thatthe flnsncaal $tentS aro based on. The key laws and r8gu1811ons w have considered in th18 context Indudlng Ihe Charities Act. In addllion, wè have consldered provislons of olher laws and règulation tho1 do not have a offect on ttte financlal statements but compliance wfth whlch may be fundamental to th¥ Company's abtity to operate or trj avoid 8 materJo1 penalty. Tho tIO whlch our procedures are ¢apabl& of dètectlng irregularities, Includlng fraud. Is detailed betow.
EMMANUEL COMIIqUNITY CHURCH INTERNATIONAL CIO INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO We 8S6e8sed the rfsks of malertal mlsstatsments in r&specl of fraud as follow8.. Enquiry of seni(K management and Ihosa eharged with govèrnan around actual and polenlal lit+JalK)n and claim$ as well as actual, 8uspecled and alLeged fraud., Used analytical procedures lo identify 8ny unusual or unexpèded Telationshlps., Discussed areas ol the financial statements with management that were sus¢eptibk lo misst4lÈmenl. Based on the ieguEts of our risk asse8stnent we designed our atsdil prooedures to 5dtIfy non-compliance wilh such18ws and regulation8 Identified above by'.- Carryin9 Out an acc(Funts dlsclosure chetklisl lo confirm Ihal the flnandal statements ¢tsmply wth thè flnanclal réporting framework. We corroborated our &nquiries through.. review ol Corresponden with HMRC and the Charitie¥ ¢¢mmission', reviéw ol eorrespondenco Wth other regularity bodies. We Considered the risk of fraud through management ovethdè, and, in rospon5e, we in¢orporated testlng of manual journ81 entrle$ into our audSt approach both al the year end ar during the course of the ye8r. We tested jou(nal entries and other adjuslrnenls for 8pproprialan8ss and evaluating the busine56 Talionale of significant transactlon8 OUtse Ihe normal cow80 of twlness and revI1ng aceounts.ro esllrn*ès lor Indicator8 of potenttal bigs. Based on Ihe Te8ull$ ol our rlsk assessment we de81gne(l oui audtt prdureS to Id8Wltify and to addms mal8ri81 misstètements in r818llon to fraud. induding.. We corroborats¢J our enquile$ trwouyh.. • reviewlng a sample of p8ymenls lo docymeniatlon and procedureB bglng followed In Ilne th the flnanclgl procedures and control8 In pla., r&viowèd the awounling poIleS a(lopl8d by the entity were In Ilne wlh 5tand&rd pra¢Uce and were being followed approprlately by the eornpany. The èngagement p8rtnar consSders the eroagement team eoll8Ctlvely had the &ppropTialg ¢ompelen¢e and capabllitbes to Idenufy or recogni5e notFc0mpliar8 with laws and r¢gul8tlons. There are Inherent limitations In the audit pro¢6dures, described above and ihe further removed non.compllanco laws and wulallons is from ovenls and transactlws reflected in the finandal statements, the less Ilkely we would become awaie of it. Also, the iisk of not delecling a m8leA81 mlsslalernenl due to Iraud is higher than the risk ol not detecting OEEe Irom error, as ffaud may involv8 dtrllberate concealment by, for oxample. forgery or Intentlonol misreprèsentalion3, or through collusion,. A further dè8erlptlon of our responsSb151ties Is avpAlgJ)le on the Financlal Rep¢rtlng Coundl's website at.. http8'.11 www.Irc.org.uklauditOl8respon8ib¢lilie$. ThSs desuiplion foms part ofour oudlic¢s report. Other matters The eomparalfve figur95 were not audited. Your attention18 di8wn to the lact th3t the charlty has prepared financAaf stolements In aceordance wth'Accountlng and Rèportlng by Charities.. Slalemenl of Récommènded PreCti appllcable lo charitles weparing itteir accounts In accordance th the Flnancial Reporting Standard applEcable in Ihp UK aFKI Republ1¢ of Ire IFRS 102>" las amended) In pref8rence to th&Accountin9 and Reporting by Charitles.. Statement of Re(x)mmended Practicg issued on 1 Aprfl 2005 which Is referred to In Ihe extant regulations bul has now begn MAthdrawn. Thls has been done In order for the flnancial slatsrnerbt5 to prDvid8 a true and fair VI In adanc0 with current Gen&rallyAcc8PtedAccounting Practlcè. 12-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO INDEPENDENT AUDITOR'S REPORT ICONTINUEDI TO THE TRUSTEES OF EMMANUEL COMMUNrrY CHURCH INTERNATIONAL CIO Us8 ofour report This raport is made solely to the charliy's trustees, as a bo(ty. In accordancg wllh Part 4 of the Chafilies (Accounts 8Kt Reports) Regul81ions 2008. Our akFdil work has b8en undert8ken 80 thal we might state tothe charily's twstees thDs& matters we ara required to Slate to them In an auditor'5 repart and for Otr purpose. To Ihe fvllÈ* extant P8miltted by law. we do not accept 01 aÉsuin8 rè&ponslbilty to anyon8 olki8r than the charliy and the d)arilV'S Ituslee¥ a$ a body, for our 3udllwotk, foi Ihis report. opinlons we have foi¥ned. oiIFry&Co td, StqluloryAsJ Chartered Accounlants Essex House 7-8 The ShrubbeTi8S George Lane South Woodford London E18 IBD Caton Fry & Co Ltd Is eligible for appothlment 88 8udllor of the ch2rfty by vlrtuè of ils 8ltglb#ily for appolnlment as audiiorof 8 ¢ompany undei section 1212 ofthe Cotnpanle$ Act 2006.
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO STATEMEl+lT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 Currant flnancoal yoar Unrestrtcted funds 2024 Re8trlcted funds 2024 Total Total 2024 2023 Notes as restated In¢om8 and èndowmonts from.. Donations and legades Charitab18 acliwlli8s Investments Olher income 375,371 142,908 3.754 401 19.650 395,021 142,908 3,754 401 385.411 172,179 2,508 1,285 Totsl Incomè 522,434 19.650 542,D84 541,383 Expendltur¥ on.. Charitable actEvlties 544,188 22,oe9 566.257 579.037 Total axpondlture 544,188 22,069 566.257 679.037 Net expendlluro 121,7541 12,419) 124.1731 137.8741 Tiansfer into CIO 688,466 Ngt mov•mènt In funds 121,7541 P.4191 124,1731 630,792 Retonclllatlon of funds: Fund balances at I September 2023 As originally reported Prior year adjuslrnenl As rosiated 3,296,643 43,786 3,340,429 54,680 3,351,323 43,786 3.395.109 2, T24,327 39,990 2,764,317 26 54,680 Fund balancès at 31 August 2024 3,318.875 52,261 3,370,g36 3.395.109 Th8 Stat8mont ol flnancial actlvllles Indudes all galn8 and losses recognlsed In Ihe year. All Incomè And èxpaFitUre derive trom Gonlinulng athi119$. 14-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO STATEMENT OF FINANCIALACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2024 Prlor flnanclal year Unrgstrlcted funds 2023 Restrlcted funds 2023 Total 2023 Notes as restated s restated Income and 8ndowments from: Dona1k$ and leoaoes Chaiitable aci¢vilies IHv8Stmenls other Income 348.854 172,179 2,508 1.265 18.557 365,411 172,179 2,508 1,265 Total Income 524,806 16,557 541,363 Expendlture on.. Chaiilablg activities 5e8,488 10,549 679,037 Total expendlturè 568,488 10.549 579,037 Net Incumal{gxpendlturel 143.8821 8,008 137.674) Transfer Into CIO 621,779 46,887 668,488 Not movement In fund$ 578,097 52,695 630,792 Reconclllatlon of funds: Fund balances at 1 September 2022 A$ origlnally reported Prior year adluslmenl As restated 2,722,342 39,99CI 2,762,332 1,985 2.724.327 39.990 2.764,317 1,985 Fund balances ¥t 31 August 2023 3.340,429 54,680 3,395,109 15-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO BALANCE SHEET AS AT31 AUGUST 2024 2024 2023 as ro$t4ted Notes Flxed assats Tangibl8 ksse 13 3,227.151 3.256.082 Curr8nt assets Deblois Cash al bank and in hand 14 22,833 4M,515 t9,532 417,780 429,348 437,312 Credltors: amounts falllng due wlthln onè year 15 155.4581 146,0451 Not ¢urr&nt assets 373,890 391.267 Total a8sets lèss current liabllllles 3,601.041 3,647,349 Creditors: amounts falling duo after more than one year le 1230,1051 (252,240) Ngt a¥sets 3,370,936 3.395,109 The fund$ of the charlty Restricted Income fund8 UnrestrÉ¢t¢d funds 19 20 52,261 3,318,675 54,680 3,340,429 3,370,936 3.395.109 The financlal statements re approved by Ihé trustees on ........ .... 8U Butler (Chalr) Tru#tsa 16-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2024 2024 2023 Notes as r8Stat¥d Cash flows from oporatlng activltles Cash geneialed fromll8b$orberJ by) opor8tlons 23 28,179 111.0191 Invosilng actlvltles Purchase ol tangiblg fixed assets Investment Income receSved 117.5841 3.754 113.5871 2.508 Net ¢ash usad In Investlng actlvltle5 113,830) 111,0791 Flnanclng aCtltIeS Rèpayment ofbank loans 125,6141 127,3151 Net cash used In fln¥nclng a¢tlvltl8s (25.6141 127,3151 Net decrgase In ¢?sh and cash 8qulvalènts 111,2651 149.4131 Cash aFLd ca$h 6quivalents at beglnnlng of year 417,780 4e7,193 Cash and ¢ash equlvolunts at end ot year 406,515 417.78D 17
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMEl+ftS FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollclas Charlty inforrnatlon Emm&nuel ¢Dmmunty Churth Intern8t4onal CIO 15 a Chadtgbl8 Incorporated Organlsalion, reg181ered In Englanc¢ & Walès, and Is controld by its guvorning th)¢ument,. IVS prindp81 address Is a5 disclosed under legal and 8dminlslralive Inltsrmation. 1.1 A¢¢ountin9 convention The financial statsments have b88n prepared In acoordance wlh the eharllls govemlng document, the CharllesAct 2011, FRS 1D2"The Finawal Reportlng Standard aPPrable in the UK and Republltr of Irèland. and the Ch8ritle5 SORP"A¢countityJ and Reporting by Charilies.. Slalèmanl of RecomEntrnded Practice 2019 appllcable to charities preparing their aectsunis in ac¢oid3ncp with th8 Flnanckgl R&porttiig Standard applicabte n the UK and RePUN of Ireland IFRS 1021". Tre ¢hariiy Is a Public Benefit Entity as delned by FRS 102. The fingncial statements have doparted from the Charlli¢g IAccounts Reports) Rg9ulatlons 2008 only to tho extent qUIred lo provKJe a true and fair vlew. This departurè hos involved followlng Ihg Slaternent of Recomrnended Prac11 foT chaililes t4)ptying FRS 102 rather Ihan the version gf the Statement of Recommended Practicè whkh is feferred lo in the Regul81ions but whlch has slnce been wllhdrawn. The finandal gtAtement8 ore prepad In sierlSng, whl¢h 1$ Ihe lundlonal CUTfency of the charity. Mon8tary amounis in Ihe8e finanolal staternents ar¢ rounded lo th8 nearè81 £. The siat8ment8 hav¢ been prepafed Undèr histOfiC81 ¢ost conventlon. modil8d lo Indude tho revaluation of fr¥¢Ild properties al falr walue. The pdnclp81 accounting pollc¥es aLk)pl8d are set out below. 1.2 Golng concern Al the titlle of approving the financlal statemgnts, tha trustees hava a reasonable expeclalion that the charty has adequate res(yJrces to continu6 In operational ex15tence for th8 foreseeablg lulute. Thus the Irwt¢¥s Dnbnue to a(lopt th• yoxig concem ba8B of 8ccounUng in preparing the flnancial statements. 1.3 Chariiablo funds Unre81rl¢l8d fund$ are availa8 lor Ltse at the disuetion of Ihe truste6s ln furtherCe ol thelr chafilablo objgotives other than DèslgrAtsd fvnds whlch have been 80t a6lde by Ihè Trustees for $pBdfic act16 undertaken by the chaiity. Restrlcted funds are SUe¢t to spociflc ¢x)ndlllons by donors or grantors as to how they rnÈy bts used. The purpo898 8nd eS of ihe regtricled fund8 are sol oul In the notes to the firrandal statements. 1.4 Income Income is rQgnISed en the tharily is legally enlille(I to it after any p¢rformance condltlons h3ve been sret, the amounts cw b& m&asured relEably, 8nd It Is probabl? that Income w51 be recelved. Dorialions and other Incoming resources- Represants Income Irotv litheg and offerlngs from mèmber8 and vi8ltors ollhe Church recorded when they are r¢rElvable. 18-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accguntlng pollcles IContlnu•dl 1.5 Expendlturè Expenditu is aCted for on an accrual8 ba&$ and has bèèn classffied un(kr headings that aggregate all cost rel8led to the categcry. Whete cgsls camot be directly atirlbuled lo partlcular headings they havo LEen located io aclivlties on a basls consistent with the use of reÈourca ¢ost6 of charltable actlvitles are thcse costs relatig lo the acllvltsts carrted out lo meet the obj8¢tivos ol the Church. These indude both diro¢lly attributable c081$ and apportioned Support costs. Governancè costs we the costs as8ocialed wth the strategic direction ol th8 organigation and with tnQg1ing gulatory respCfflsll1ti8g In¢lud5ng apportiord support costs, 1.6 Tanglblè flxed assets T8ngiblè fjxed asseis ate initially mèasured al ¢081 aThJ subsequeniiy measured al c05t or valuallon. net of depreclation a1 any Impairmenl1085es. Dopreclation is regAr8ed so 8$ to wrle off the ¢ost or valLWtion of 888ets less thèir resldual Valu over Iholr Useful Ilves on the followlng basés.. Freehold land and bullding8 Flxtures and fittlng$ Over 100 years on bulldlng only. Land 1$ not depreciated. Bofvvaen 33% and 20% on 1031. Thè gdn or loss arfsiro on the disposaf of 8n a8801 is delermined as th& dlfferenc8 bgtween the 8ale pro¢¥o(ts and thè carrylng value of the asset, and Is Tecognl8ed Ih? statement of flnandal acllvitsgs. 1.7 Impalrfflent of fxod assets Al èad) reporung end dale, the ¢harlty revi&w$ thè carrylng arnounts of Its tangible assets to deteminè whethgr there is any Indlcalion that those assets hav8 SLtffered an impalrment loss. If any sh Indiation ast5, the recoverable amount of the a&89t Is ostimaled In ord9r l¢} d6termine the eKtènt ol the impairment loss lif any). 1.8 Cash artd cash equlvalents Cash )d cash equlvalenls in¢lude cash in hand, dèwsfts held at call th bank#, other short-tsrm liquid Investments with original malurilles of thre# months or less, and bank overdr8ft8. Bank overdrafts Are showll wllhln bOJS In current liabllitiBS. 1.9 Flftancial Instruments The Charity has elected to apply Ihe ¢xovisÉons ol Seciion 11 'Baslc Flnandal lrtslwments. and S8ctton 12 'Other Financial Instruments Issuès, ol FRS 102 to all of It8 finandal instrumonls. Flnancial In51rumentS are recognised In the charlty8 balanc& sheet when the charity becomes party to the contractual provislons ol the Inslrumenl. FTnancial 38spts and liabilillès aye offset, with the nel amounts prèsented in the flnanclal st8tsm8ntg. when there 55 a legally enforable rlghl lo set off the rwnlsed amounts and ther& Is an Int8nllon to settle on a net basis ortg realis$ the asset and $8tt1é the IlabllSly simultaneously. 8851c Ilnancial assets Ba51c finand81 8888ts. wNch Include debtors #nd cash *)d bank balAnc85, are initialty m88sured at tr8nsaction prlce including trxnsacilon costs and afe subsequently ca¥rted at amortSsed cost using the 8ff8di inler8st method unles3 the arrangemenl constlluies a financing Iiansaction, where the transaction Is measurèd al the prosenl value of the fuiufe recelpts dlseounted at 3 m8Eket rate of inlgrgst. FInancl asset8 classified as receivable wlhin one yfyar are not amortised. 19
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Accountlng pollcl85 Icontlnuedl B8$i¢ flnancial li8blllUas as fancIal Ilabiliti8$. Including crgditois and b8nk loans are Inlllally recognlsed at transactlon pric& unle8¥ the arrangemenl conslitulgs 8 financlng transgction, whore the d&bt inslwment Is measurgd at the present value of the futsjrè payments d16countod al a market rale of interest. Financlal liabillues classllled as payabt8 wlthln one year are not amtIsed. Debt Instruments are sUbSeqn11Y cathed al amortisèd ¢05L uslng the effedivè inlgr8sl rate method. Tradè credltors are obllgalK)n8 to pay for goods or serv15 that have be9n acquired in the ordinary co(¢rse ol opera11ons fr¢)m suppfièrg. Amounts payable ara dassified as wrrent lIaklItieS if payment Is due withln on year or kss. 11 not, Ihoy are presented as nk¢urrent liokxlities. Trade Creditors are recognis8d ini11311y al transaction wlc& and subsequently measured 91 amortlsed cost using tho &ffeclive inlere8t method. Dgrecognffllion of fln&nelal li&billtlvJ Fin8cIAl Ilabilities are dwecogni¥od when Ihe charity's conlra¢tuaE obllgali¢xi8 8xpk6 or are discharged or cancelled. 1.10 Employee benèr The ¢ost of any unused holiday ¢ntlUement Is recognised In the perknd In whith th9 ¢M0Ye8,$ seceS are recelved. Tèrminatlon benèfits are recognl*d Imrnediatdy as an expense when the ch8rity Is demonstrabty commlttÈd to 10rmlnate thè em Joymenl of8n ampkiyee to provide termination benefils. 1.11 Retlrement benefits Payments to d8fin8d ¢¢ntribLrtion retiremgnl bf neftt sthemtss are charged as an expense as Ihay fall du8. Crlllcal accountlng astlmates and ludgemonts In the application of the charity's accounlng polldes. (ha trustees are Tequired lo make judgemtsnls, e$tttnates and assumptsons about the carrying arnDLtnt of assets and li8bllilles that are not readily apparent from other source5. The estimate5 and associat8d assumptlons are basgd on historlcal experience and other f&clors Éhat 8r& considered to bg r&81. Actual resu5ts may rfiflèr from these esthmales. oslimatss 8nd underlylng assumption5 are ml6wed on an ongoing b8sf9. Revisitsns lo accounllng eslimales afe r&¢ogntsed In the period in whlth the estlmale Is r9vised where the mi8lon oflecis (wly that perlod, or in the period of thg rev151on and fulure periods where the revl8v)n affects both currÈnl and futuro period8. Income from donatlons and legaclés Unr•strlcted Restrlcted funds funds 2024 2024 Total Unr95trlct8d Restrlctad funds fund# 2023 2023 Total 2024 2023 Tithes and offerityJs GiftAKI 301.S86 73,805 16,424 3,226 317,990 77.031 301,133 47,721 16.557 317,690 47,721 375,371 19,650 395,021 348,854 18,557 38S.411
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 Income from charltablè 11¥tI8S Unr8Strleted Unr8stilctèd funds fundts 2024 2023 Nursery inLvmg Hall hire 133.232 9,676 156,418 15,761 142,906 172,179 Income from Inveslmonts UnrestrS¢ted Unrg$td¢ted funds fullds 2024 2023 Inl8r•8t in¢ome 3,754 2,508 Other Incomg Unra8trlctsd Unrsstrlcted funds lund$ 2024 2023 Other kncome 401 1.265 21
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 AUGUST 2024 Expendlture on ¢harltable a¢VItI93 2024 2023 Dlrect costs Staff costs Depre¢lalion and Smpalmienl Church preml$es Department exp8nSeS Equlpment eXPend Advertlslng & promotional Hospllality Gifts and don81ion$ 267.449 46.51 S 23,829 16,269 7,675 1,785 17,653 46.382 290.997 44,720 16,473 24,079 16,983 9,IA8 9.158 48.822 427.537 4SO.300 Share of support and governance costs1$8o note 81 Stjpport Governance 123,9eo 14,760 114,1TT 4.560 566,257 579.037 Anatysls by fund Unrestricted funds Restricted fund8 544,188 22,oeg 568.488 fjO.S49 566,2S7 579,037 Support Costs allo¢ated to actlvltles 2024 2023 Mortgage Snlere81 Insurance Repairs & elèaning Travel Bnd Subsistence Li¢èncè, membershlp and subs¢[1p0nS Sl8tlonery, IT and teIephCe Professional fees A¢couni8ncy fees Bank ¢harges Staff training and sundry Governance costs 20,241 8,251 37.530 10,130 14,221 14,270 4.625 9,887 1,637 3,168 14.760 15.445 11.832 53,73B 4,407 7,444 7,489 3,324 6.61S 1,475 2,406 4,560 138,720 118.737 -22-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 AUGUST 2024 Nèt mov•m9nt In funds 2024 2023 The nat movom8nt in thnds is stated aftér tharylThJllcsedltiTrJl'. Fe6s payabl8 to the charitys Auditor.. lor thè audit of thè charlty's flnanual ststements - lor other assurance s8rv5(%S Deprèclallon of owned tsnglble Iix8d 85sets 10,320 3,780 46,515 44,720 qo TruÈt8e Th• charity coDgid#r5 Its key managemant P6rsonnel to comprise the trustees and eld¢r5hlp of the church. In accordance wllh the Cha¥lWs Constltution, and in line wtth other Churches Rov. Douglas Wlllam5 and Pastor Chrislophcr Palmer wero remunerated £73,848 12023 '. £73,323) whlch indudes national insurance nd employer penslon contributh)ns. In accordance with the Charily's conslilul¥)n the Snr. Pastor lives in a pioperty owned by the Charily. Monlhty r•nt whlch would havè baan received on th& open marf(el is estimated at £1,085 If it were not Dthgtwse occupied. There we no trustees, èxpenses paid for the year endad 31 August 202412023 .' £MILI. 11 EmployeeB The average monthly nwnber of &mployees durtng Ihe yearw8S.' 2024 Numbor 2023 Numbgr Church ECCI Nursèry 11 Tot81 14 18 Employmont costs 2024 2023 Wages and salaries Soclal 88GWtty c051s other pen8ion ¢o¥ts 242,920 12,984 11.545 262,151 16,769 12,077 267,449 290,997 Therè were no employees whos& annual remuneratlon was mtsre th3n £60,000. 12 Ta¥atlDn Th& charlty is exempt from tsxati¢x¢ on Its activllles becau8e 911 its incotne15 8pplled for charftable purposes. -23-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 13 Tanglbl& flxod assets FreDhold land xteS and and bulldlngs flttlrvJs Total Cost or valuatlon Al 1 Sepiember 2023 Additions 3,575,000 377,855 3,952.855 17.584 17,584 At 31 August 2024 3.575,000 395.439 3,970,439 Depreclatlon and Impalrment At I Set*8mber 2023 08wèclation charged Sn the year 338,468 21,954 358.307 14,561 6%,773 46.515 At 31 August 2024 370,420 372.868 743.288 Garrylng amount At 31 August 2024 3.204,580 22,571 3.227.151 At 31 August 2023 3,236.534 19,548 3,258,082 In Juno 2Q?_1 the Tfustees revaluèd thè thr60 ffeelw)Id propertles tr1 {Greenkaf Cenlre, ECC Erskine Road and 23 Hillcre5t Road) to a total of £3,575,000, the vÈlu8tlon was underlaken by Humphrey & Co Property Services Limited. 14 Dgblo 2024 2023 Amounts falllng due wlthin one ygar: Trade debtors Other debtor8 Prepayments and aG¢rued IrKome 1,648 2.827 594 18.311 20,591 22,833 19,532 16 Credltors- amoullts falllng due wlthln one year 2024 2023 Notes Bank loans Trade ueditors Other cr8dilots Acttuals and d8ferred Income 17 27,481 9,802 2,333 15,842 30,960 6,185 2,461 6,439 5S,458 48,045 -24-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 16 Crgdllors: amounts falllng due after more than onè y•ar 2024 2023 Notes Bank IDans 1Y 230,105 252,240 17 Loans and overdtafts 2024 2023 Bank loans 257.586 283.200 Payab within one year Payab after cne year 27.481 230,105 30.960 252.240 Am¢)unls Included abc*v6whlch lall due after five yea Payabb by instalmenl8 100,920 159,360 The long-lerrn loans are secured by fixed charge8 overThe Greenl8al Centre propety. Interest is charged al 1.75% over th8 B¥r& En9land Base Raie. 18 R¢tlrem8Bt baneflt seh8mos 2024 2023 Dgflned contrlbutlon schemes Chargè tr) pmfit tsr Ios8 In rèspÈct of definad contributlon schemes 11,545 12,077 Thè charty op£rat8s a defined contribution penslon scheme for all qualwylng employees. The asse15 01 the scheme are held separalely from lISe of the charfty In an Independently admini8lered fund. -25-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 19 Rogtrlcted funds Thè réslrfct8d funds of Ihe charily comprise the unexp8nded balances of donations and grants hold on trust subject to spec4fic conditions by donors as to how they MBY be used. At1 September 2023 Incomlng Rtr$ourcès Transfers Into At 31 August r&soL¢fc85 exp&nded cio 2024 School of worship New tx¢ilding KKIS club Bags of hope Klntsugl hope Bible for ECS Hardship Donation and1og8cy 17,958 800 1,311 21,015 2,423 278 8,910 1,985 11,4001 1S,558 800 1,521 26,997 2,423 281 3,681 714 16.78S 15041 110,e031 2,148 (7,3771 14,9851 54,680 19,650 (22,0691 52.261 Prgvlous yèar: Atl S$plgmbor 2022 Incornlng resources Résourea$ Transfers Into Al 31 ALtgu¥t expgnd8d cio 2023 Sthool ofwor$hip Mew bulhJiThJ Klds dub Bags of hope Klnisugl hope Blble for ECS Hardship Donation and legacy (7,0381 24,998 8DO 1,311 12,657 1.398 355 5.170 17,958 800 1.31fj 21,Ll15 2,423 278 8,910 1,965 8.739 1,318 13811 12931 (771 12,7601 6,500 1,985 1,985 16,557 110,5491 46,887 54,680 Restrictsd monles aro glven by the congregation for a p4rtl¢ul¥r prol*Gt as fdlows'.- School ofWorship- To rtICIpate in S.O.W. eventsltraining. . Klds Club- To subsidise young peopl8 on lrips1campslconferens. Bags of Hope IFoodbgnkl- Foi community outreach. Kinlsugi Hope- To support wellbelng prtsgrammgs, Bibles foi ECS- To purchase blbles for Emmanual Community Sehool. Hardship- To help IndNldualB In need. -26-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMENTS ICONTINUEO) FOR THE YEAR ENDED 31 AUGUST 2024 20 Uniestr1cted funds The UnStriCted fLtnds of th6 charity cornprisè Ihe un8xp&nded balan8 ol donations ahd grsnts whlch aro ntrt 5ubiod lo specific condllions by donors and granlor5 a5 to how Ih¢y m8y be used. These Include de8tqnaled lunds which hava beèn sat aSe out of unrèstricted funds by the trustees for 8pecilc purposes. At1 September 2023 Ineomlng resourGèS Rosourco5 Transfers Into At 31 August èxpended cio 2024 Nursery Freehold Mission New bulk1ing General funds 104,278 2,978,948 76,114 52,184 128,907 134,122 1134.7111 131,9541 133,5281 103,687 2,946.994 7?.,081 52,184 143,729 29,495 358,817 1343.9961 3,340,429 522,434 1544,1881 3,318,675 Pr&vlous ygay: At1 September 2022 Incomlng resourc•s Resources Translèrs Into At 31 August éxpandèd cio 2023 Nutsery FreeId Mi$sion N8w budIng G&nar81 funds 82,323 2,705,162 158,073 1134,1201 104,276 2,978,948 76.114 52,184 128,907 273,786 82,098 52.184 213,711 29,333 135,3171 P5,1531 339,400 1399,0511 2.762,322 524,806 1568,488) 821.779 3,340,429 Designated fvnds are monies 801 aslde bythè Church idaling to the followlng:_ . Nursery- for use by.the Nursery. Freehohl based on the net book v8luÈ of th6 fréEhold propertl¢8 lègs th8 outstanding IDan. Mission- for ml8$lon puipo$es wholher local or overseas. . New bwlthng- funds held whKh are intended to ba used for thè pwchasè of a new building. 21 Analysls of ngt assets been funds Unr•$trlct8d funds 2024 Re5tr1¢t¢d fLtnds 2024 Tot•1 2024 At 31 August 2024: T8rHJile assets Clwrent a55et51lllabiliUes} Long term li8billlles 3,227,151 321,629 1230,1051 3.227,151 373.890 1230.1051 52,261 3,318,675 52,261 3.370.É -27-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 21 Analy$ls of net assets bttw¢en fund3 Iconllnuedl Unrestrlcted funds 2023 Restrlctèd fvnds 2023 Totsl 2023 At 31 Augtsst 2023: Tarrfjible assots Cutrent 8SS8ts1lli8bilitiesl Long term Ilabilities 3.256.082 336.567 P52.2401 3.256.082 391.287 1252.2401 54,680 3,340,429 54,680 3.395.109 22 Related party transactlons Other than 88 disclosed in Note 10 Ihwe were no other dl5¢10gablé l•l¢d party IransaclKJn8 during the year 12023- ne}. 23 Cash gengratgd fromllabsorbgd by) op&ratlonÈ 2024 2023 DeficEt for the year 124,1731 137,6741 AdluBtmgnts for.. Inveslmanl income fecognised in stalpmpnt of finan¢io1 aetivStl6s D?pTrdatiDll and impairmonl of langlUe fix¢d ossets 13,7541 46,515 12,5081 44.720 Movements In worklng capltal: Ilncreasel in debtors Incfease in creditors 13.3011 12.892 119,5321 3,975 Cash g&nerat•d fromllèbsorb¢d by) opèratlons 28,179 111,0191 P¢r eash flow slatemonl page 28,179 {11,019) 24 Analysls of ¢hgnges In netlunds At 1 Sfrptomb•r 2023 Cash Ilows At 31 Auwst 2024 Cth at bank and hand 417.78D 111.2651 406.515 Loans lalllng due wtthTn one year Loans falling due after moro than one year 130,9601 1252,2401 3.479 22,135 127,4811 1230,1 D51 134,580 14.349 148,929 -28-
EMMANUEL COMMUNITY CHURCH INTERNATIONAL CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2024 25 Non-audlt servlces prOvId by audiior In common with many organls&tion8 of our slzo and naiuie we use o(tr auditor lo a88isI wllh the pwarallon of the finanGig1 siat8mènts. 26 Prlof perlod adlusirnent Changes to the balance sheet At 31 August 2023 A$ previously Adlustment reported A8 r68tated Flxod assets Tangl0 ass8 3,212,296 43,786 3.256.082 Captt41 fund8 Income fund9 Rèstrided lunds Llnrs$tri¢led funds 54,6 3,298,843 54.680 3.340.429 43,786 Total equlty 3.351.323 43,786 3.395,109 Changes to th• Stat8ment of Flnan¢lal Actlvltles Perlod ended 31 Augu$t 2023 A6 PTevlou8ly Adjustmont AS restatÈd rèported Charftable activities 582,833 13,7961 579.037 Net movement In furKIs 626,996 3,796 630,792 A rev16w of the nd and building depreclatkn balance brought foard fOd that land had boon depreclated In previous year Therelore a prior ygar adjustment has been made lo rectify thls error. 29-